Paradise Court Sells Finished Homes with Flexible Payments

Paradise Court, a subsidiary of Lekki Gardens, is offering finished homes to buyers who can pay half the price upfront. According to Richard Nyong, Founder of Paradise Court, this new plan allows buyers to move into a completed home within days after paying about half its value.

Nyong emphasized that under this plan, there's no waiting game for buyers, unlike with off-plan properties where they have to wait years to occupy the property. He noted that Paradise Court homes are priced below comparable properties in the same area, and the company takes a smaller profit on purpose to make homeownership more accessible to families being priced out by rising rents.

For investors, Nyong said that the Orchid Road and Chevron axis offers steady demand from professionals and families living and working along the Lekki corridor. By buying units in bulk at below-market value with flexible payments, investors can capitalize on this demand right away.